01—History
Net Income History
Year-over-year comparison from 10-K annual reports · Dashed line: constant growth FY2021–FY2026. Drag across the bars to change the range.
- $1.76B
02—Ledger
Net Income, period by period
| Period | Scale | Value | Change | Source |
|---|---|---|---|---|
| FY2026 | $1.76B | +6.2% | 10-K | |
| FY2025 | $1.66B | −2.0% | 10-K | |
| FY2024 | $1.69B | +8.5% | 10-K | |
| FY2023 | $1.56B | +11.8% | 10-K | |
| FY2022 | $1.39B | +26.9% | 10-K | |
| FY2021 | $1.10B | −0.1% | 10-K | |
| FY2020 | $1.10B | +6.2% | 10-K | |
| FY2019 | $1.03B | +4.1% | 10-K | |
| FY2018 | $994.1M | +20.3% | 10-K | |
| FY2017 | $826.3M | +9.2% | 10-K | |
| FY2016 | $756.8M | +12.1% | 10-K | |
| FY2015 | $674.9M | +7.6% | 10-K | |
| FY2014 | $627.5M | +10.3% | 10-K | |
| FY2013 | $569.0M | +3.8% | 10-K | |
| FY2012 | $548.0M | +6.3% | 10-K | |
| FY2011 | $515.3M | +8.0% | 10-K | |
| FY2010 | $477.0M | −10.6% | 10-K | |
| FY2009 | $533.5M | −7.4% | 10-K | |
| FY2008 | $576.1M | — | 10-K |
03—Questions
What is net income?
Net income can be defined as the company's total earnings or profit. It is calculated as revenues minus all expenses including cost of goods sold, operating expenses, interest, and taxes.
What is Paychex's current net income?
Paychex (PAYX) annual net income for 2026 was $1.76B, a 6.20% increase from 2025. Paychex net income for the quarter ending August 31, 2026 was $429.7M.
What was Paychex's net income in 2025?
Paychex annual net income for 2025 was $1.66B, a 1.96% decline from 2024.
What was Paychex's net income in 2024?
Paychex annual net income for 2024 was $1.69B, a 8.55% increase from 2023.
What is Paychex's 5-year net income CAGR?
Paychex net income grew at a compound annual growth rate (CAGR) of 9.91% from FY2021 to FY2026, going from $1.10B to $1.76B over 5 years.
- Company
- Paychex
- Ticker
- PAYX
- Sector
- Other
- Industry
- Services-Engineering, Accounting, Research, Management